Global ADS-B Market Overview:
ADS-B is an automatic dependent surveillance/transmission system that is an integral part of air traffic control. The ADS-B broadcasts important information such as the speed, position and altitude of the aircraft at defined time intervals. The ADS-B operates using a transponder to send precise details of the position to air traffic controllers. The ADS-B works by determining the position by GPS, which is then transmitted at regular intervals by a transponder. The information received by the stations is collected by air traffic controllers for accurate tracking of the aircraft. The ADS-B offers many advanced features, such as greater accuracy in the sky along with a clear exchange of information. The demand for ADS-B systems is expected to increase significantly as the adoption of these systems will be vital by 2020. Therefore, manufacturers should benefit from this restriction on the use of ADB. In addition, compared to conventional radar technology, ADS-B requires very low operating costs. The global ADS-B market is expected to benefit from increased traction during the forecast period due to its unique characteristics in air traffic control.
Global ADS-B Market Size:
The Global ADS-B Market was valued at USD XX.XX million in 2017 and is expected to reach USD XX.XX million in 2022, with a CAGR of X.X% during the forecast period.
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Global ADS-B Market Drivers and Restraints:
ADS-B can be used in isolated areas, on the mountainside, at low or very high altitude, offering an additional advantage over conventional areas. These features of ADS-B greatly benefit users, allowing them to control even traffic fugitives. It is one of the main drivers of the global ADS-B market. The ADS-B technology provides improved efficiency and safety for pilots, controllers and the public. In addition, it provides information on weather conditions, prevents uncontrollable incursions, even in heavy rains, and provides information to pilots that only controllers used to receive previously. These factors are expected to stimulate the global ADS-B market during the forecast period. In accordance with the regulations of the Federal Aviation Administration (FAA), the aircraft defined in regulation 91.225 must have an ADS-B system that will be effective as of 2020. The strict regulation of the government strongly supports the World ADS-B market.
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Detailed Segment Study of the Market:
Global ADS-B Market Analysis – By Product types:
Global ADS-B Market Analysis – By Application:
Global ADS-B Market Geographic Segmentation:
The transition from avionics with basic radar technology to ADS-B is expected to generate strong demand during the forecast period due to acceptance by the FAA. The global ADS-B market is divided into seven regions of North America, Latin America, Asia Pacific, excluding Japan (APEJ), Western Europe, Eastern Europe, Japan, and the Middle East and Africa. North America and Europe have a significant participation in the global market of ADS-B devices in terms of revenue and are expected to dominate this market due to the strong use of this technology. In addition, strict regulations for aircraft pilots should contribute to the growth of ADS-B in these regions.
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Global ADS-B Market Key Players:
Some of the prominent players of the market include Garmin Ltd., Honeywell International Inc., ACSS (Aviation Communication & Surveillance Systems), APPAREO SYSTEMS, LLC., Dynon Avionics, Rockwell Collins, Trig Avionics Limited, FreeFlight Systems, The Bendix Aviation Corporation, and Aspen Avionics.
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